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Mar 14, 2013
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get rid of the high tax rates and small businesses through tax reform. another point i think the ranking member will keep mentioning, medicare. and the medicare savings used for obamacare. two points. if you take the money from medicare to spend on obamacare, it does not go to medicare. we are saying, do not spend it on obamacare. make sure it goes to spending on the solvency of medicare. a number of groups in writing obamacare, supporting the legislation, said they could do more with less, but not all providers said that. we really do not know the answer to the puzzle because most of the cuts have not occurred yet. the tax increases are already in law and have already started. all the provider changes in the medicare network, and i have been on the oversight committee for 13 years. they have not even begun yet. we have not sorted through what will happen to providers. that is why we set up a mechanism to address the issues as they come in. some providers said they can do more with less. some said they could not. we will have to figure that out so the me
get rid of the high tax rates and small businesses through tax reform. another point i think the ranking member will keep mentioning, medicare. and the medicare savings used for obamacare. two points. if you take the money from medicare to spend on obamacare, it does not go to medicare. we are saying, do not spend it on obamacare. make sure it goes to spending on the solvency of medicare. a number of groups in writing obamacare, supporting the legislation, said they could do more with less, but...
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Mar 17, 2013
03/13
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replace all of that, the obama care taxes the fiscal cliff taxes with a better tax system. that's exactly the job of ways and means. get rid of loopholes to lower rates. that's what tax reform is. with respect to the spending issues. the medicare provision. here's what obama care does. it takes 716 billion from medicare to spend on obama care. it raised the program. we end the raid of the program so that all of those dollars go to extending the solvency of obama care. we had witness testimony after testimony what cbo or they tell us you can't spend the same dollar twice. so we say don't take that money from medicare and put it into obama care. it goes toward medicare solve sifment one more point. we have learned through the past that price controls aren't working. that's what the sgr is, the dock fix. so we put reserve funds in our budgets to address these inadequateys like the dock fix. last year we had a reserve fund so you've got to come up with money to save in other places prevent the doctors from getting cut and our reserve fupped did that and we passed it and they di
replace all of that, the obama care taxes the fiscal cliff taxes with a better tax system. that's exactly the job of ways and means. get rid of loopholes to lower rates. that's what tax reform is. with respect to the spending issues. the medicare provision. here's what obama care does. it takes 716 billion from medicare to spend on obama care. it raised the program. we end the raid of the program so that all of those dollars go to extending the solvency of obama care. we had witness testimony...
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Mar 15, 2013
03/13
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basically, what this amendment would do, it would not raise taxes, and keep the tax rate and tax revenue levels as they are today. hopefully we would have tax reform and simplification as we go forward. if we keep the revenue levels at the same rate, it would control the growth of spending and maintain the growth of spending each year at 3.4%. the net result of that would be our budget will balance. we can increase spending at 3.4% and still balance the budget. this would remove the that cloud over the country that is already impacting negatively employment, jobs, wages, growth. there is a question about grows that and public debt. -- gross debt and public debt. at that level, it would reduce growth pretty clearly. the international monetary fund, the bank of international settlement, the european central bank has come forward with studies that confirmed in a rather stark way, the analysis that has been done. when debt reaches the leve we have today, it slows growth now. it creates a risk as secretary geithner told us before the committee. the way that exchange went, we asked about the s
basically, what this amendment would do, it would not raise taxes, and keep the tax rate and tax revenue levels as they are today. hopefully we would have tax reform and simplification as we go forward. if we keep the revenue levels at the same rate, it would control the growth of spending and maintain the growth of spending each year at 3.4%. the net result of that would be our budget will balance. we can increase spending at 3.4% and still balance the budget. this would remove the that cloud...
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Mar 14, 2013
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tax reform. he said he believed there was a lot of agreement republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so the committee competitive and on remaining net -- all remaining revenue neutral. all that was encouraging. those principles have wide agreement. if we lower our rates, our country has the highest corporate tax rate of any developed country. over $1 trillion in capital from u.s. corporations car overseas. we need to be net capital back to get people back to work. i was encouraged by his willingness to work in a bipartisan way to get that done. on the second issue of regulatory reform, reducing the burden is the regulations on job creation and economic growth, he expressed a willingness to work together with republicans to focus on cost-benefit analysis and to target existing regulations that impose greater cost than the benefits. he suggested the creation of a task force in the senate to look at regulatory burdens and to come up with the p
tax reform. he said he believed there was a lot of agreement republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so the committee competitive and on remaining net -- all remaining revenue neutral. all that was encouraging. those principles have wide agreement. if we lower our rates, our country has the highest corporate tax rate of any developed country. over $1 trillion in capital from u.s. corporations car overseas. we need to be net capital back...
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Mar 20, 2013
03/13
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FBC
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this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as well. neil: craig, this is a concern. if others get a cue from this watch out. >> california is a trendsetter. as a small business owner, my other friends who are small business oers we've been hit with 5 to over 100,000-dollars in fourth quarter of last year in retro active tax, that is job, and investment money and a downer on christmas. now a new one that bureaucrats at franchise tax board are making a decision, it is politicians that are out of control, california is worst with highest tax state, the highest sales tax s
this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as...
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Mar 20, 2013
03/13
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instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine of growth and job creation and increased opportunities for all hardworking americans. this is what the house republican budget will achieve and this is what americans deserve. i yield back. the chair: the gentlelady yields back the balance of her time. the gentleman from maryland. mr. van hollen: thank you, mr. chairman. the way to save medicare is to bring down costs overall in the health care system, not give seniors a voucher that puts all the risk on the senior which is what the republican approach does. i now yield one minute to the gentleman from california, the distinguished ranking membe
instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine...
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Mar 18, 2013
03/13
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we lowered the overall taxes for the first time in years. taxes on homes have gone down in each of the last two years. [applause] but when it comes to jobs under my predecessors terms wisconsin lost 300,000 jobs and just 10% of our employers were headed in the right direction. today we're gaining jobs and 93% of the employers says that wisconsin is heading in the right direction. we can leave with an optimistic message. simply put in we showed in our election who do you want in charge, the big government or do you want the hard working taxpayers, the hard working taxpayers win out and they will win out over and over again. in america, we need to show an optimistic message that we're not standing with the big businesses of america, we're standing with the hard-working taxpayers and this is the message that can resonate throughout this country. [applause] now, in addition to being optimistic we need to be relevent. what do i mean by that? in politics we talk in words like sequesters and fiscal cliffs. people in wisconsin, they talk to me about
we lowered the overall taxes for the first time in years. taxes on homes have gone down in each of the last two years. [applause] but when it comes to jobs under my predecessors terms wisconsin lost 300,000 jobs and just 10% of our employers were headed in the right direction. today we're gaining jobs and 93% of the employers says that wisconsin is heading in the right direction. we can leave with an optimistic message. simply put in we showed in our election who do you want in charge, the big...
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Mar 20, 2013
03/13
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taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal crisis. many of them have lost their homes, lost their health insurance, lost their jobs, lost equity in their homes, lost their savings, and yet we want the ryan -- and yet the ryan budget would break another promise to them. in a profoundly cynical mood the ryan budget would revoke those provisions of the affordable care act that would expand access to care while keeping in place the revenue generated by the act. the ryan budget also guts investments in science. job tructure and all the growth as well as the futu
taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal...
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Mar 13, 2013
03/13
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simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably raise the income tax burden on individuals making under $200,000 a year. this budget proposal which provides even bigger tax cuts to millionaires will raise the tax burden on middle income families by an average of $2,000. at the same time, same time it does not close one single special interest tax loophole for the purpose of reducing the deficit. not one dime from ending special breaks for corporate jets, big oil companies, or hedge fund managers to help us reduce the deficit. while providing this windfall to the very healthy, this proposal guts vital investments that are essential to shared pro
simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably...
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Mar 16, 2013
03/13
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job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the union, we can do it anywhere. let me tell you what we're doing. personal income is rising. unemployment has declined. we have the second-highest economic growth rate in the country. we are the third best in high tech job growth. these results are real. while we have watched our largest cities struggle under decades of failed liberal policies. -- policies, we are optimistic about the future of michigan and of detroit. [applause]conservatism and common sense were the silver bullets. jennifer granholm just couldn't get -- bullets jennifer granholm just couldn't get. heededatives in michigan the call
job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the...
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Mar 16, 2013
03/13
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that means that the money you save her taxed. the tax as personal income. i do not get to spend that money. if i do i could go into debt very quickly. i would not be a sustained by this mystery very hard times. i would not sustain a small business for a very long time. have the big companies loopholes, corporations have loopholes, they are able to have their lawyers and consultants go forth and take advantage of things that could reduce their taxes. small businesses like mine do not. it shows in the way we are able to reinvest those dollars. the cannot afford -- we cannot afford to bring on additional people. to reward those for saving and investing in companies. >> to her point, the truth is pay a muchsinesses lower effective tax rate than small-business is because big businesses have the wherewithal to exploit all of those loopholes to lot deism. ism. to lobby susan, you have very effectively used technology to force transparency in government. you have done something pretty common sense and quite radical. let us put expenses up for everybody to see. you
that means that the money you save her taxed. the tax as personal income. i do not get to spend that money. if i do i could go into debt very quickly. i would not be a sustained by this mystery very hard times. i would not sustain a small business for a very long time. have the big companies loopholes, corporations have loopholes, they are able to have their lawyers and consultants go forth and take advantage of things that could reduce their taxes. small businesses like mine do not. it shows...
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maybe they shouldn't have to pay taxes because that money's already been taxed like all money has already been taxed it's just you know it's like you know all water has been digested by a fish some point it's that's the way it is a stupid argument maggot in jackson new jersey hey meghan what's up dad thank you so much i'm. love your show great job i. am new to r.p. but i watch it constantly i love everything that you guys you know we speak up for it it's a great mortgage should be mandatory for all public for all the citizens to at least hear at least once a day. i just wanted to touch base on a couple things that i have heard a brief things on the documentaries that you've done and and other people that. that you often have on your show i'm in in new jersey where at the taxes is outrageous and we have chris christie who is basically you know you know raised all this money and toured all over the place to run and raise money for the republicans and you know the basically the corporate takeover the slaves minimum wage will slave wages and the proper term the elderly the vietnam vets are no
maybe they shouldn't have to pay taxes because that money's already been taxed like all money has already been taxed it's just you know it's like you know all water has been digested by a fish some point it's that's the way it is a stupid argument maggot in jackson new jersey hey meghan what's up dad thank you so much i'm. love your show great job i. am new to r.p. but i watch it constantly i love everything that you guys you know we speak up for it it's a great mortgage should be mandatory for...
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Mar 17, 2013
03/13
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KNTV
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i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an entire campaign going on. it did not happen by accident. >> here's what i want to do. two sound bites from this week, two different visions of the road ahead. let's play that and get some reaction. >> we don't need a new idea. there is an idea. it's called america. and it still works. >> the gop of old has grown stale and moss covered. i don't think we need to name any names, do we? >> one of the things he means i think, senator mccain, or picked a fight with hawks in the republican party. who's the face right now? what does it mean to be a conservative in the party right now? >> i don't think we know. i think t
i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an...
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Mar 16, 2013
03/13
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FOXNEWSW
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the other part is democrats want to raise taxes big time. recenta trillion and a half over the next decade. gates may be enthusiastic about that but that would tank the economy, period. >> bill: here is my problem with gates. i was defending him but i don't think if he would say if george w. bush. you know president bush needs more power. at this think he is liberal partisan. i don't know him. i think that is where he coming from. share the wealth and income redistribution? >> there is no better example of ee leetsd in this country, gates equals microsoft, $61 billion net worth on the part of bill gates. >> bill: he gives a lot of money away. he is not a hypocrite like al gore? >> not even close but we should discuss what he is doing. these powerful companies hold the gate way to the digital world. microsoft, facebook, google these are huge companies, big power and then to align it with statist president like barack obama that would have a crushing influence on our society. >> bill: in the g.o.p. budget put forth by congressman ryan there wa
the other part is democrats want to raise taxes big time. recenta trillion and a half over the next decade. gates may be enthusiastic about that but that would tank the economy, period. >> bill: here is my problem with gates. i was defending him but i don't think if he would say if george w. bush. you know president bush needs more power. at this think he is liberal partisan. i don't know him. i think that is where he coming from. share the wealth and income redistribution? >> there...
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Mar 21, 2013
03/13
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she has to take her after-tax income, which is much reduced because she first has to pay taxes on that income, and then she has to go out and buy health insurance without any government subsidy in the market. well, isn't this interesting. government tells her what policy she has to get. the cheapest policy under the bronze plan, under the subsidies is $20,000 a year. so where, tell me, mr. speaker, and i should ask the novet united states who came up with this brilliant idea, where, mr. speaker are poor women supposed to go to buy health insurance they can afford? not in the obamacare regime. where is she supposed to go when her very sick child has lost his health insurance from the employer that his daddy provided for him because his daddy had a job. his daddy had health insurance. that young child had health insurance, was very sick with a disease, he was very sick. insurance, t on his daddy had a job, his a daddy has insurance. now under obamacare, they may not give him insurance. this is devastating for moms across america if children across america, for senior citizens across amer
she has to take her after-tax income, which is much reduced because she first has to pay taxes on that income, and then she has to go out and buy health insurance without any government subsidy in the market. well, isn't this interesting. government tells her what policy she has to get. the cheapest policy under the bronze plan, under the subsidies is $20,000 a year. so where, tell me, mr. speaker, and i should ask the novet united states who came up with this brilliant idea, where, mr. speaker...
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Mar 21, 2013
03/13
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we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we eliminate some of the depletion balances. there's no reason we should be giving tax subsidies to these companies. we eliminate benefits for , reduce corporate meals and entertainment. is one thing. the second thing we do is we say, all right, people making over $400,000 now will be haying a tax of three point 96% on their highest income. % on their highest income. institute new tax brackets for millionaires and billionaires. $1 on every one dollar above million. 40 six percent on every one dollar above 20 million dollars. we finally go to a total of 49% for every on
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we...
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Mar 14, 2013
03/13
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-- taxes with a better tax system. and get rid of loopholes to a lower rate. that is what tax reform is. with respect to the spending issues, the medicare provision, here is what obamacare does. it takes $716 billion from medicare to spend on obamacare. we and the rate of the program so all of those dollars go to extending the dollars of obamacare. we have witnessed testimony after testimony, whether it was cbo or cms, tell us you cannot spend the same dollar price. we say do not take that money from medicare and put it in obamacare. goes towards medicare. one more point. we have learned through the past that price controls are not working. we put reserve funds in our budgets to address these inadequacies. last year, a reserve fund. you come up with money to save in other places and present -- prevent from getting cut. they did that and they did not get cut. we sent up the same process for other medicare providers from that that we believe those price controls will damage. this has not been held out yet. all of these c
-- taxes with a better tax system. and get rid of loopholes to a lower rate. that is what tax reform is. with respect to the spending issues, the medicare provision, here is what obamacare does. it takes $716 billion from medicare to spend on obamacare. we and the rate of the program so all of those dollars go to extending the dollars of obamacare. we have witnessed testimony after testimony, whether it was cbo or cms, tell us you cannot spend the same dollar price. we say do not take that...
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Mar 18, 2013
03/13
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CNBC
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you can tax depositors or you could tax the entire country. which would have spread the pain among tax payers. they started to spike on the fear that this could lead to a contagion. we haven't seen bank lines in italy or spain, which was the fear. it certainly raised a lot of concerns. >> let's also bring in steve leaseman and rick santelli for more reaction. why don't you start off with your views with what you're hearing from people there when you're looking attic movements. what really jumps out to you? >> i'll tell you what, and i am totally serious about this. when i walked in, this is a little earlier than our regular time. people are walking around, taking care of issues from friday. people have come up and said i understand this is a little island with a gdp that's in fan tess mal. i'll tell you what, i'm kind of shocked that it made that jump. i understand that at a time where computerization allows every government on the planet to track and have say complete financial audit trail of everything anybody has, whether it's in this count
you can tax depositors or you could tax the entire country. which would have spread the pain among tax payers. they started to spike on the fear that this could lead to a contagion. we haven't seen bank lines in italy or spain, which was the fear. it certainly raised a lot of concerns. >> let's also bring in steve leaseman and rick santelli for more reaction. why don't you start off with your views with what you're hearing from people there when you're looking attic movements. what really...
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Mar 15, 2013
03/13
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FBC
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you know, a tax is a gambling license. i know it is half a million dollars to get a license in nevada. is that as the barrier to entry? >> we don't think it is a steel barrier to entry. what that is is for the resort casino that obtains the license. the other entities that command don't have to pay that. so the only fees that have to be paid by the operators, the casino resort and then the manufacturers or distributors which is a little bit less, that's it right now. our tax remains just as it is for land-baseddcasinos, six and three-quarters percent. melissa: do you think it would make sense to make that even lower to give more people into the game? at least a first? >> well, we have a significant amount of market entrance right now. we have done over 13 licenses for the major operators, and those are the major players. i think what we have seen come anyone and everyone who will come into the market as far as the dtb your beach uc provider and operator. melissa: so would you say the people of getting involved? what is the
you know, a tax is a gambling license. i know it is half a million dollars to get a license in nevada. is that as the barrier to entry? >> we don't think it is a steel barrier to entry. what that is is for the resort casino that obtains the license. the other entities that command don't have to pay that. so the only fees that have to be paid by the operators, the casino resort and then the manufacturers or distributors which is a little bit less, that's it right now. our tax remains just...
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Mar 16, 2013
03/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> factor tip of the day. outrage growing in the midwest. the jessica's law sickens me, i love the state and lived here my whole life, but becoming resentment because of the crazy politics, i'm canceling my subscription to the denver post. coloradans wake up and fight back. and villa hills, kentucky, if colorado and hawaii don't pass jessica's law you should call for a tourism boycott, bill. too many innocent people get hurt if i did that, william. the message is getting out and there are many fine vacation destinations in the usa. there's a lot of competition in that area. karen harris, maui, aloha, bill, we need your muscles here, the legislation cares more about pets than children.
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> factor tip of the day. outrage growing in the midwest. the jessica's law sickens me, i love the state and lived here my whole life, but becoming resentment...
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Mar 19, 2013
03/13
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CSPAN
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they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to grips with the reality that we have to -- reform entitlements. we have our own way of doing that, but there could be others. unfortunately our friends on the other side are largely silent about that important choice. as my friend, mr. woodall, mentioned in his remarks, the ryan budget, is hardly a radical budget. it's going to increase spending every single year over a 10-year wind heo by about 3.5%. the main democratic alternative is about 5%. can't we live at 3.5% and have a balanced budget in 10 years as opposed to go to five with higher taxes and not balance the budget within that 10-year window? again i'm proud of my d
they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to grips with the reality that we have to -- reform...
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the social programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life miserable for the long term unemployed of the great recession because of social security net that obama now equal apparently says he supports will be equally as damaging what's even scarier is the president's flippant attitude toward programs millions of americans depend on just to get by in february said he didn't want to raise the medicare eligibility age but the question remains how much can we progress is trust someone who regularly plays politics with essential benefits and who is he actually fighting for we talked on the show before about obama's connections to pete peterson the wall street bill
the social programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life...
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Mar 19, 2013
03/13
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, massive tax hike. number two, half a trillion dollars more in big-government spending. number three, 42% more debt with each american owing $73,000. and more than 600,000 lost jobs. here's what we won't get: we won't get balance, just more and more unbalanced tax hikes. we won't get the kind of deficit reduction our country needs, just more spending to enrich the washington establishment at the expense of main street. we won't get more jobs or a better economy or sensible reforms to prevent medicare or social security from going bankrupt. and we certainly won't get a balanced budget. not only does the senate democrat budget never balance, ever, but top washington democrats now say they simply don't care about balancing the budget anymore. they just don't care about that. well, americans do. a party that once cared about hard-working american families seems to have gone off the leftmost edge of the reservation with this budget. d.c. democrats' priorities are so far removed from the actual needs of middl
, massive tax hike. number two, half a trillion dollars more in big-government spending. number three, 42% more debt with each american owing $73,000. and more than 600,000 lost jobs. here's what we won't get: we won't get balance, just more and more unbalanced tax hikes. we won't get the kind of deficit reduction our country needs, just more spending to enrich the washington establishment at the expense of main street. we won't get more jobs or a better economy or sensible reforms to prevent...
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Mar 19, 2013
03/13
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and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to continue to incur these massive debts. of course, when he said it, since he said it, our debt is multiples of what he was decrying at that time. we are piling mountains and mountains of debt on our children and our grandchildren to fuel our addiction to spending and it's got to stop and it's got to stop now. i'm proud to stand for this republican budget and i urge its passage. i give back the rest of my time. the chair: the gentleman yields back the balance of his time. the gentleman from maryland. mr. van holl
and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to...
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Mar 16, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>. >> bill: segment, biggest pinheads of the week. once again gutfeld and mcguirk. we're going to take a pinhead every week and you start with, dennis rodman. >> who was your favorite? >> favorite is paul, john paul. i think he was cool as hell. he looked like a pimp. he looked like a pimp and he is speaking like 50,000 languages and.... >> bill: i have no idea what that was about. do you know what he was saying? >> he called the most favorite popes a pimp. >> bill: then he talked 20,000 languages. >> everybody, his i.q. matches his rebound average. no genius dennis rodman and it comes out we're building missile shields in california. >> bill: isn't rodman to make a pinhead. >> she pr
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>. >> bill: segment, biggest pinheads of the week. once again gutfeld and mcguirk. we're going to take a pinhead every week and you start with, dennis...
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Mar 15, 2013
03/13
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MSNBCW
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there's no tax increase in the world that will solve our long-term debt problem. just because i believe that states should have the right to define marriage in a traditional way does not make me a bigot. the people who are close-minded in american politics are the people that love to preach about the certainty of science with regards to our climate. but ignore the absolute fact that science has proven that life begins at conception. >> rubio also refuted the notion that america needs to change its ways. >> as soon as i'm done speaking, i'll tell you what the criticism of the left is going to be. one, he drank too much water. two, that he didn't offer new ideas. there's the fallacy of it. we don't need a new idea. there's an idea. the idea is called america. and it still works. >> after rubio was senator rand paul's chance to take the stage. paul wasted little time, addressing his nearly 13-hour long filibuster of cia director, john brennan. >> the filibuster was about drones. but also about much more. do we have a bill of rights? do we have a constitution? and wil
there's no tax increase in the world that will solve our long-term debt problem. just because i believe that states should have the right to define marriage in a traditional way does not make me a bigot. the people who are close-minded in american politics are the people that love to preach about the certainty of science with regards to our climate. but ignore the absolute fact that science has proven that life begins at conception. >> rubio also refuted the notion that america needs to...
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Mar 14, 2013
03/13
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most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my colleagues at his point to impose the amendment and just adopt a budget as written. i yield back. >> thank you. i yield 10 minutes to my friend from indiana. >> thank you. i do not believe there should be tax increases on anyone the matter their income levels. the best thing we can do is turn the economy around and create jobs and poor money back into this economy. our budget -- and pour money back into this economy. additional taxes on anyone damages the economy. let me see a quick story about my area in indiana. when i go home and i have conversations wi
most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my...
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Mar 13, 2013
03/13
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we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3 trillion for debt reduction over the next decade. and we could create millions of jobs and pull people out of poverty and strengthen our middle class, which is the source of our exceptionalism as a country. and the second thing we need is fiscal discipline on future spending. this bill violates both. this bill violates both. it hurts economic growth because the only way you're going to grow your economy is if you make america a better place to create jobs and start businesses. that's how economic growth is created. when someone takes money they have or money they've borrowed or money somebod
we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3...
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Mar 17, 2013
03/13
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CNNW
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$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as well as cuts in discretionary spending, moving some of them away from defense and other areas of government. the difference in the two budget, the ten-year prospect of that passed in the house of representatives is $41 trillion spending over ten years. the senate budget, which was just approved thursday night by the senate budget committee, spends $46 trillion. so you've got two differences. the senate is trying to spend more. house republicans are trying to be more efficient. >> let me ask you this, senator. president obama is trying a new strategy. he's reaching out to congress, hol
$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as...
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Mar 15, 2013
03/13
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CURRENT
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go back to 1960 look at the top tax rates. corporations paid 20 to 30% of the tax rate it's down to like 5. you see am paying 2.2% and facebook of all horrible things paying no tax gating a rebate. come on, people it's about revenue, revenue, revenue. >> stephanie: yep. >> we don't have a deficit problem. we have a deficit symptom and a revenue problem. >> the economy got better when bill clinton took over. >> stephanie: yeah. j.d. in san diego welcome. >> caller: hi, you guys good morning. >> stephanie: good morning. >> caller: i want to talk about rob portman. i'm astounded that it took rob portman two years to finally realize the marcus bachmann method to pray the gay away doesn't work. >> stephanie: exactly. he probably came to that conclusion by spending time with marcus bachmann. [ laughter ] >> stephanie: sorry, go ahead. >> caller: no, i'm sorry. i didn't mean to step on you. but i just want to say from newly blue san diego. >> yay. >> caller: thank you very much. >> stephanie: home of the health network. lots to get t
go back to 1960 look at the top tax rates. corporations paid 20 to 30% of the tax rate it's down to like 5. you see am paying 2.2% and facebook of all horrible things paying no tax gating a rebate. come on, people it's about revenue, revenue, revenue. >> stephanie: yep. >> we don't have a deficit problem. we have a deficit symptom and a revenue problem. >> the economy got better when bill clinton took over. >> stephanie: yeah. j.d. in san diego welcome. >> caller:...
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Mar 18, 2013
03/13
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CURRENT
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me about raising taxes. all nothing funner than watching republicans eat each other alive. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> if you believe in state's rights but still support the drug war you must be high. >> "viewpoint" digs deep into the issues of the day. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those
me about raising taxes. all nothing funner than watching republicans eat each other alive. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> if you believe in state's rights but still support the drug war...
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Mar 16, 2013
03/13
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KQED
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he talks about 245 as owning your gun or -- that as owning your gun or not paying taxes be. but he said the words social and personal as well and stopped short of saying abortion, drug use, which is also where he goes. gwen: there was another argument made interestingly by rick santorum today and bobby jindal. that the party talks too much about money and budgets and zeros and isn't talking enough about emotional, social issues and that's how you connect. i don't know whether that went over well in that room but that is certainly a big part of the conversation. >> to jeanne's point, i do think it is very difficult for any one of us to get up and make a speak like that or for anyone in that room to make a list of all the thanks that we were really bad at. the fact that they didn't really address some of the shortcomings is understandable. gwen: is there something comparable to that with democrats after they lost? >> remember all of the hand wringing after 2004. the best document, though, and this was the question after 1988 when democrats put a document together that said we
he talks about 245 as owning your gun or -- that as owning your gun or not paying taxes be. but he said the words social and personal as well and stopped short of saying abortion, drug use, which is also where he goes. gwen: there was another argument made interestingly by rick santorum today and bobby jindal. that the party talks too much about money and budgets and zeros and isn't talking enough about emotional, social issues and that's how you connect. i don't know whether that went over...
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Mar 16, 2013
03/13
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FBC
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-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, there is no denying that device is generating an enormous amount of what government seems to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other leaders. the billionaire mayor wants to ban guns. styrofoam cups, smoking. but he won't ban pot holes and poverty. why not? damaging testimony today in the case of two ohio
-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn...
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Mar 19, 2013
03/13
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CURRENT
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. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. dude, i need your help fast. well, clearasil's fast. yeah, but is it this fast? faster! how about this fast? clearasil's faster! this fast?? faster!! woh! that is fast! fix breakouts fast with clearasil ultra. it starts working instantly, sending the max amount of medicine allowed deep into your pores for visibly clearer skin in as little as 12 hours. yeah, it's fast. clearasil, the science of clear skin. to hidden fees. thankfully e-trade has low cost investments and no hidden fees. but, you know, if you're still bent on blowing this fat stack of cash there's a couple of ways you could do it. ♪ ♪ ♪ ♪ or just go to e-trade and save it. boom. ♪ ♪ the natural energy of peanuts and delicious, soft caramel. to fil
. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. dude, i need your help fast. well, clearasil's fast. yeah, but...
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Mar 15, 2013
03/13
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FOXNEWSW
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why can't we allow the american public paying the taxes to earmark bulk of their taxes to things they want. if they want the white house press tours. if they want enhanced military. if they want the social programs. you know what will happen? all the things that matt her get supported. the military, police, roads. all the little fluffy stuff will disappear. >> dana: no more solyndra. >> bob: sorry, go ahead. >> eric: one question. "washington post," editorial page, reopen the white house doors, calling it bureaucratic hostage-taking. that is a week later. >> dana: yeah. that is why they could have stopped this from the beginning. i had a good point earlier i said in green room. if you throw the secret service under the bus, why not do it two weeks ago on the night when they announce that the white house tours would be closed? if you throw them under the bus you could have said whoa, secret service. you can't close the white house tours. we will figure this out. the white house will save the day. blame the secret service on that end. instead, they made everybody look bad. >> bob: the s
why can't we allow the american public paying the taxes to earmark bulk of their taxes to things they want. if they want the white house press tours. if they want enhanced military. if they want the social programs. you know what will happen? all the things that matt her get supported. the military, police, roads. all the little fluffy stuff will disappear. >> dana: no more solyndra. >> bob: sorry, go ahead. >> eric: one question. "washington post," editorial page,...
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Mar 20, 2013
03/13
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CSPAN
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it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of spending $46 trillion over the next 10 years, as we're currently poised to spend, we spend $41 trillion. instead of growing spending 5% a year we grow at 3.4% a year. with all the predictions of doom and gloom and how evil and terrible and horrible or budget is, it increases spending every year by 3.4% a year instead of 5% a year. the difference is we balance the budget. the difference is we let families keep more of their own take-home pay. the difference is we make sure our kids inherit a debt-free future. the difference is w
it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of...
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Mar 13, 2013
03/13
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and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? you have a sailboat. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by
and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card...
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Mar 17, 2013
03/13
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he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. hikell gladly take a tax today for a cut in spending on tuesday." once again, democrats raised spending. it would be like journalists going to tribal chiefs circa 1890 and saying sarcastically
he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the...
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Mar 15, 2013
03/13
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i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away. i would go through all the numbers in about 20 seconds. we spend about $700 billion on social security. $692 billion on defense. billions on non-defense discretionary spending. $519 billion coming out of medicare. $400 billion in mandatory spending. $300 billion just to service the debt. the 25 yearack to historical average, we find ourselves paying over $800 billion just to service our debt. $273i would close with billion sent to medicaid. whoh.ody would say, the federal government has a $22,000 income. we set a budget at $34,000. where does that make sense? nowhere in america w
i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away....
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Mar 17, 2013
03/13
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CSPAN2
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governor jeb bush was in office he cut taxes on floridians by $20 billion. let's talk abut the size of government. ronald reagan was in the white house he dramatically reduce the rate of growth in federal spending and strove to reduce the size of the federal government. when governor bush was in office, he vetoed more than $2.3 billion in earmarks for higher state spending and reduce the size of the state government payroll a 13,000. when ronald reagan cut taxes and reduce the side of the government on the national level he did it with a purpose in mind. it was to spur the free market, create opportunity and provide incentives for businesses to grow. in his years in office over 20 million new jobs were created governor bush's state of florida is similar philosophy and economic or grams created a thriving state economy for 1.4 million new net jobs were added during his time in office. there are other fundamental report issues where the two men match. suspending the rising cost of health care improving education through accountability and school choice and as
governor jeb bush was in office he cut taxes on floridians by $20 billion. let's talk abut the size of government. ronald reagan was in the white house he dramatically reduce the rate of growth in federal spending and strove to reduce the size of the federal government. when governor bush was in office, he vetoed more than $2.3 billion in earmarks for higher state spending and reduce the size of the state government payroll a 13,000. when ronald reagan cut taxes and reduce the side of the...
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Mar 14, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. license and registration please. what's this? uhh, it's my geico insurance id card, sir. it's digital, uh, pretty cool right? maybe. you know why i pulled you over today? because i'm a pig driving a convertible? tail light's out.. fix it. just a click away with the. geico mobile app. ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets...